Reading Time: 2 minutes Compared to last week, western Canadian yearling prices were steady to as much as $4 higher while calf values traded within $5 on either side of unchanged. Current feedlot margins are hovering around break-even, but profitability will improve during October and November, given the recent strength in the deferred live cattle futures. Therefore, short-keep feeders […] Read more
Klassen: Feeder cattle market holding value
Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices
Reading Time: 2 minutes CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more
Feed weekly outlook: Lethbridge feedlots buying U.S. corn
Reading Time: 2 minutes CNS Canada — As barley prices climb, feedlots around Lethbridge have found a cheaper feed option: corn from the U.S. “Price has (pushed feedlots to buy corn). Barley, it’s probably $4, $5 a tonne higher than corn price right now. And the cattle feeder can source corn quite easily and more economically than barley,” said […] Read more
Russia meets grain traders, sees no need to limit exports
Reading Time: 2 minutes Moscow | Reuters — Russia’s agriculture ministry does not see a need to impose an export duty on grains or to curb grain exports in any other way, it said in a statement after a meeting with exporters on Monday. Chicago wheat prices — a global benchmark for grains — were supported last week by […] Read more
Feed weekly outlook: Alberta feedlots prepared for supply issues
Reading Time: 3 minutes CNS Canada — Many regions of the Prairies expect some feed shortages this year, but Alberta feedlots have plans ready to deal with those issues. Bryan Walton, CEO of the Alberta Cattle Feeders’ Association, said overall conditions appear decent, although producers in drier areas have silaged barley rather than wait for harvest because of lighter […] Read more
CWRS makes inroads in Nigeria
Quality makes CWRS ideal for blending with other wheats for bread, but there are also possibilities for durum
Reading Time: 2 minutes As Nigeria’s population rapidly grows to make it the third-largest country in the world by 2050, according to the UN, demand has also been increasing for high-protein, high-quality Canada Western Red Spring (CWRS) wheat for food products. “The high-protein segment of the Nigerian market that was once (dominated by) U.S. wheat was completely replaced by […] Read more
Wheat trade hoping for big export year
Reading Time: 3 minutes CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more
Winter wheat varieties available or in the pipeline
These four varieties should make winter wheat more attractive to both farmers and customers
Reading Time: 3 minutes Higher milling quality and larger and more consistent supplies are key to expanded markets for Prairie winter wheat. Rob Graf, long-time breeder at Agriculture and Agri-Food Canada — Lethbridge Research and Development Centre, says four varieties either available or in the pipeline should help meet those goals. AAC Elevate Available since last fall, AAC Elevate […] Read more
The great western winter wheat rescue is on
Researchers and marketers are combining their efforts to revitalize a crop stuck in a multi-year decline
Reading Time: 5 minutes It can yield up to 40 per cent higher than spring wheat. It’s competitive with weeds. It helps prevent soil erosion. It spreads out the farm workload, with seeding and harvest windows different from spring crops. It’s the world’s most common type of wheat traded. And it’s duck-friendly. So what’s not to like? You’d think […] Read more
The protein advantage
In wheat, it can still pay to shoot for a protein-building combination of management, timing and a little luck
Reading Time: 7 minutes Among the mental pictures we associate with wheat, one of the more tantalizing depicts the healthy goodness of a basket of loaves of bread and different types of buns. Although it’s not the traditional vision of acres of wheat ripening in the sun, it’s still what the exercise is all about, producing top-quality food for […] Read more
A message from April Stewart, Country Guide's Associate Editor
